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Listed 22 days ago

7150 Douglas Crescent

217 - Arad/Fallsview, Niagara Falls

$649,000

Detached|Bungalow
3 | 3 | 4
About this home

**?? Spacious 3+3 Bedroom Home with Separate Basement Living | 4-Car Parking | Excellent Rental Potential**Welcome to **7150 Douglas Crescent**, a fantastic opportunity for homeowners, extended families, and investors alike! This spacious property offers a versatile layout with **3 bedrooms, 1 full bathroom, living room, dining area, and kitchen on the main level**.The fully finished basement adds exceptional flexibility, featuring **3 full-size bedrooms, including one bedroom with a 4-piece ensuite, a separate living area, full kitchen, and separate entrance**. Whether you're looking for additional space for a growing family, a comfortable setup for extended family, or potential rental income, this home offers plenty of possibilities.The property also features **4-car parking**, a valuable bonus for a larger household or investment property.Located in an established Toronto neighbourhood close to schools, shopping, parks, transit, and major transportation routes, this property combines **space, functionality, and investment potential**.**Property Highlights: ***3 bedrooms on the main level*1 full bathroom upstairs* Spacious living and dining areas*Main-floor kitchen*Finished basement with 3 full-size bedrooms* 4-piece ensuite in one basement bedroom* Basement living area and full kitchen* Separate basement entrance*4-car parking* Excellent potential for multi-generational living or rental income* Convenient Toronto location**A rare opportunity offering space, flexibility and great rental potential. Don't miss it!**

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,393
Lot Size120.29 ft x 50.12 ft
mls© NumberX13724938
Listed ByHOMELIFE/MIRACLE REALTY LTD

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,322
Property tax
$283
Heat allowance
$150
Housing costs
$3,755 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,800
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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